November 8, 2022
NORRIS & STEVENS, INC. BROKERS $1.1M SALE OF RETAIL SPACE IN ESTACADA, OREGON
Time Travelers, Inc. recently completed the $1,100,000 purchase of a ± 5,000 square foot retail space located at 326 S Broadway Street in Estacada, Oregon.
Constructed in 1960 and situated on approximately 0.12 acres of land (5,227 SF), the property was home to Fearless Brewing Company, a well-established brewery and restaurant. The sale included the Fearless Brewing Company brand, fixtures, furniture, equipment, and all inventory. As a fully functional 15 barrel brewery, the space was equipped with top of the line industrial stainless steel brewing equipment, including a keg fleet of over 500 barrels.
Tim Pfeiffer and Camden Muller with Portland-based Norris & Stevens, Inc. represented the Seller, Fearless Inc.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5.9 million square feet of commercial space and 9,100 apartment units.